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Consider the following statements:
Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.
Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.
Which one of the following is correct in respect of the above statements?
  • a)
    Both Statement I and Statement II are correct and Statement II explains Statement I.
  • b)
    Both Statement I and Statement II are correct, but Statement II does not explain Statement I.
  • c)
    Statement I is correct, but Statement II is incorrect.
  • d)
    Statement I is incorrect, but Statement II is correct.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements:Statement I: The Reserve Bank of In...
Statement I: The statement accurately reflects the goal set by the Reserve Bank of India to position a few Indian banks among the top global banks, aiming to enhance India's financial standing internationally. This statement is correct.
Statement II: The Triffin Dilemma indeed describes the conflict between domestic monetary policy goals and the role of a country as an international reserve currency issuer. This statement is also correct.
Therefore, the correct answer is:
Option A: Both Statement I and Statement II are correct and Statement II explains Statement I.
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Consider the following statements:Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'B'. Can you explain this answer?
Question Description
Consider the following statements:Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Consider the following statements:Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements:Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements:Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following statements:Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following statements:Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements:Statement I: The Reserve Bank of India aims to position 3-5 Indian banks among the top 100 global banks, alongside positioning itself as a model central bank of the global south.Statement II: The Triffin Dilemma represents a conflict between a country's domestic monetary policy goals and its role as an international reserve currency issuer.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
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